- Are you Confused?
- Home Finance Centre of Australia - Rates Wrap
- 7 Rules for Negotiation
- Rent Trap Looms For First-Time Buyers
- Housing Prices In Australia
- Can You Save By Refinancing?
- Capitalise on Government Incentives for First Home Buyers
- Interest Rates and Your Mortgage
- Autumn Newsletter Released - Investment Property Purchasing
- Editorial: Reserve Bank Interest Rate Increases and Property Investments
- Borrowing Within Your Means
- Plan Ahead
According to journalists and commentators house prices are reportedly down. Winter half yearly retail sales have fallen flat. The small business owners I know tell me that things are as tough as they’ve ever been.
If you are new to negotiations or still struggling to master the skill, remember these 7 quotes. They are words of wisdom passed down the years and invariably learned by the painful lessons of experience.
"While the general economic situation is strong, the expectation of increasing cash rates will be a continuing negative factor on confidence," he added. "However, if rates stay on hold for the next six months, confidence is likely to grow.&
In recent times, some commentators have suggested that the Australian housing market is expensive, relative to household incomes. This has led the 'price to income ratio hawks' to suggest that a pricing correction is imminent.
If you have a CBA standard variable loan the rate has just increased to 7.81% plus on going fees means the comparison rate (real cost) is 7.94%. Payment on a loan of $249,000 is $1802 per mth. (including $8 mth fee)
For first time buyers, the good news is that the government has introduced a number of incentives to help you achieve home ownership sooner!
With uncertainty surrounding interest rate movements there has never been a more compelling reason to consider the impact rates have on your mortgage.
We discuss some investment property options, renovation for home sale and helping your kids buy their home, in view of recent cash rate increases.
In this issue of Mortgage News looks at managing your mortgage in a rising rate environment, detailing a number of tried and tested strategies.
While your lender will give you a maximum borrowing amount, it’s essential that you determine your own borrowing capacity when searching for your new home.
Home Finance Centres of Australia (Hobart) has available, our Homebuyers guide, Your Home Your Mortgage.